AlerisLife Inc.
Capital Underwriting Director
AlerisLife Inc., Newton, Massachusetts, United States, 02165
The Capital Underwriting Director reports directly to the Senior Director of Capital Projects and is responsible for providing strategic insights, analysis and recommendations regarding our capital investments in our owned and operated senior living communities.
Through a deep understanding of our current assets, including product mix and units, localized competitive market data and strong financial analysis skills, the Capital Underwriting Director provides insights and risk assessment that will inform capital investments. The ideal candidate will have a thorough understanding of the senior living or multi-family housing industry.Work Mode
:
Newton, MA based
.
Hybrid, in corporate office unless traveling to communities for site visits.
Travel up to 75%.Key Responsibilities:Assess, analyze and model prospective capital investments to assess financial feasibility, risk, return on investment, and alignment with company objectives.
Establish and maintain a process for conducting capital needs assessments and impact analysis with rigorous due diligence and clear understanding of our markets and the senior living industry.
Analyze current portfolio property performance and identify opportunities for value enhancement and optimization considering things like local market conditions, product mix and unit availability.
Research and understand market trends for both current portfolio markets and new markets for potential acquisitions.
Determine and advise on the level of risk involved in various capital investments and project the expected financial gains or losses.
Work closely with asset management, operations, sales, and finance teams to ensure alignment of underwriting strategies with overall business goals.
Evaluate investment proposals, including acquisitions, developments, renovations, and repositioning projects, to assess financial feasibility and strategic fit.
Prepare investment memos, presentations, and financial models to support decision-making processes and communicate investment recommendations to senior leadership and stakeholders.
Monitor the performance of existing investments and provide regular updates on key metrics, variances, and performance trends.
Stay informed about industry trends, regulatory changes, and emerging opportunities in the senior living market to identify potential investment strategies and competitive advantages.
Build and maintain relationships with external partners, including lenders, brokers, consultants, and other industry professionals, to support deal sourcing and execution efforts.
Skills & Experience:Bachelor's degree in Finance, Real Estate, Business Administration, or related field. MBA or advanced degree preferred.
7-10 years of proven experience in capital underwriting, investment analysis, or financial planning, with a focus on the senior living or multi-family industry, with demonstrated understanding of industry dynamics, market trends and competitive landscape.
Proven track record of successfully underwriting and executing capital projects, acquisitions, or developments.
Strong analytical skills with the ability to interpret complex financial data and market research.
Excellent communication and presentation skills, with the ability to articulate insights and recommendations to senior leadership and stakeholders.
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Through a deep understanding of our current assets, including product mix and units, localized competitive market data and strong financial analysis skills, the Capital Underwriting Director provides insights and risk assessment that will inform capital investments. The ideal candidate will have a thorough understanding of the senior living or multi-family housing industry.Work Mode
:
Newton, MA based
.
Hybrid, in corporate office unless traveling to communities for site visits.
Travel up to 75%.Key Responsibilities:Assess, analyze and model prospective capital investments to assess financial feasibility, risk, return on investment, and alignment with company objectives.
Establish and maintain a process for conducting capital needs assessments and impact analysis with rigorous due diligence and clear understanding of our markets and the senior living industry.
Analyze current portfolio property performance and identify opportunities for value enhancement and optimization considering things like local market conditions, product mix and unit availability.
Research and understand market trends for both current portfolio markets and new markets for potential acquisitions.
Determine and advise on the level of risk involved in various capital investments and project the expected financial gains or losses.
Work closely with asset management, operations, sales, and finance teams to ensure alignment of underwriting strategies with overall business goals.
Evaluate investment proposals, including acquisitions, developments, renovations, and repositioning projects, to assess financial feasibility and strategic fit.
Prepare investment memos, presentations, and financial models to support decision-making processes and communicate investment recommendations to senior leadership and stakeholders.
Monitor the performance of existing investments and provide regular updates on key metrics, variances, and performance trends.
Stay informed about industry trends, regulatory changes, and emerging opportunities in the senior living market to identify potential investment strategies and competitive advantages.
Build and maintain relationships with external partners, including lenders, brokers, consultants, and other industry professionals, to support deal sourcing and execution efforts.
Skills & Experience:Bachelor's degree in Finance, Real Estate, Business Administration, or related field. MBA or advanced degree preferred.
7-10 years of proven experience in capital underwriting, investment analysis, or financial planning, with a focus on the senior living or multi-family industry, with demonstrated understanding of industry dynamics, market trends and competitive landscape.
Proven track record of successfully underwriting and executing capital projects, acquisitions, or developments.
Strong analytical skills with the ability to interpret complex financial data and market research.
Excellent communication and presentation skills, with the ability to articulate insights and recommendations to senior leadership and stakeholders.
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